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Litecoin, often referred to as ‘digital silver,' is a popular cryptocurrency that has garnered attention for its similarity to Bitcoin and its upcoming halving event. This event, scheduled for August 2nd, 2023, has the potential to impact the long-term price momentum of Litecoin, making it an important consideration for both current LTC holders and potential investors.
The third Litecoin (LTC) halving is only hours away, and market data indicates a surge in LTC trading activity in the last 24 hours. This halving happens every 840,000 blocks, according to Litecoin's whitepaper.
Litecoin (LTC) will undergo its halving in August. Horizen (ZEN) and ICON (ICX) will release crucial testnets.
As its third halving event approaches, Litecoin's hashrate climbs to a new all-time high. However, its LTC coin has failed to be positively impacted.
Litecoin's performance on the social front was through the roof considering the halving is just days away. However, that wasn't the case for LTC's price as whales were still marking an exit from their positions contributing to the selling pressure.
The once-ever-four-years "halving" on the Litecoin blockchain, set for Wednesday, means that the pace of new issuance of units of the LTC cryptocurrency will be cut in half. The dynamic is similar to the "hard money" mechanics that crypto analysts say helps to boost bitcoin's price.
Litecoin (LTC), one of the early cryptocurrencies, has faced a turbulent journey in the ever-evolving crypto market. As of the current date, its price stands at $90.5, experiencing fluctuations amidst bullish and bearish battles.
Now less than 1000 blocks remain until the halving, as the event is about to occur in less than a day. The price was closer to breaching the falling wedge after remaining within the consolidation for over 27 days. However, the token's volatility has risen significantly and has been trading within large ranges.
Most people in crypto circles know the block rewards for mining bitcoin will be cut in half next year. Less may be aware that litecoin's own halving is happening much sooner.
Litecoin, a prominent player in the world of cryptocurrencies, has captured the attention of investors and enthusiasts alike with its innovative solutions and market potential. Currently valued at $90.5, Litecoin has experienced a 1.94% decrease in price within the last 24 hours.
Bitcoin and major cryptocurrency prices—including ethereum, BNB, XRP, cardano, dogecoin, solana, polygon, tron and litecoin—have taken a battering from U.S.
Litecoin is experiencing a boom in network fundamentals ahead of its halving event, which is less than 24 hours away.
The Litecoin (LTC) price broke out from a short-term bullish pattern but failed to maintain its increase. The price now trades close to its pre-breakout levels.
A leading analytics firm says a certain class of crypto traders is rapidly accumulating the peer-to-peer payments network Litecoin (LTC) in anticipation of its upcoming halving event. Santiment says that Litecoin dolphins and sharks have accumulated 205,400 LTC worth nearly $19 million since June 14th.
Over the last few months, Litecoin has emerged as one of the top trending cryptocurrencies due to its halving event happening in August. As this event drew closer, crypto investors began filling up their LTC bags in preparation for what is expected to be a very bullish event.
Litecoin's third “halving event” – a programmed 50% reduction in the pace of new issuance of the cryptocurrency – is expected on Wednesday.
Bitcoin's record low volatility is also a sign that the next price breakout will be volatile, but everyone is guessing which direction price will take and how it will impact altcoins.
Litecoin investors have been steadily accumulating the digital asset in anticipation of its upcoming halving event.
The Litecoin (LTC) mining hashrate in Binance's pool has fallen from 69 terahashes/second (TH/s) in January to 28 TH/s as miners face the imminent halving of block rewards.
The highly anticipated Litecoin (LTC) halving is just three days away, and holders are showing increased interest, as reported by Santiment. Crypto enthusiasts and traders view this event as a potential aggressive bullish push in the crypto industry.
Crypto asset manager Grayscale has said it will take "any action necessary" to convert its flagship bitcoin fund to a fully-fledged U.S.
Litecoin, a popular cryptocurrency, holds a current value of $93.3, with a trading volume of $1.72 billion and a market capitalization of $6.71 billion. Despite a recent decrease of 1.34% in its price, Litecoin continues to maintain its prominence in the crypto market.
Mid-tier holders of Litecoin have been on an accumulation spree, underlining bullish expectations from the halving event in the coming week.
Litecoin (LTC) is facing a critical juncture in its price surge, with its value hovering just above $89.52 on CoinGecko, showcasing a modest 0.3% increase in the last 24 hours. However, LTC has endured a slump of 3.6% over the past seven days.
